Your Investment Life is incomplete without your first Stock. So I am going to start with My first-day stocks.

My first-day Stock was my Tata chemical, Coal India, Ashok Leyland, and Oil India.

Tata chemical went down for some Early days, but I earned money. My reason for choosing was different than what was behind the run. Ashok Leyland was there in my portfolio for a long time. I made my money double. I was unaware during that day of what risk I was taking. Both commodities play.

Coal India. I choose it due to my study about it during my college days. I was taking a significant risk. During that days, there was an issue between NTPC and Coal India about Payments of Coal. Though NTPC paid for it, it was a Risk. Made little money.

But I faced a Large Blow, Oil India. Commodity price. Crude price during that day was heading to their historical lows. Plus, as it is a public sector company, there was always a political risk—market, due to this fact giving it a lower valuation. So though I earned Through dividends, I was looser when I checked on Capital Gains + Dividend – Brokerage.

  • The mistake which makes me embarrassed still today was Petronet LNG. A piped Liquid natural gas company. While analyzing the Oil and Gas sector, I realized that this is one of the cheapest companies available regarding Price to sales Ratio. So I decided to study it thoroughly. Why should a company have two terminals, building another which is nearly done is trading at 0.69 times of Price to Sale? I started taking a short position. Made it sufficient big. But nothing happened for the next 18 months. Irritated, I sold it. On the 7th day I sold, the Stock started its lifetime bull run. I lose five baggers in 7 days. Reason? There was a contract between the Company and the Iran govt for the supply of Gas. As the Price of Natural Gas went low, But no change in the contract term, the Market Denise gave it high value. During that day, Iran govt officials were there in India they made a new contract favorable for the Company. In effect, Stock went skyrocketed. Lesson learned. When you are sure about your study, ignore Market. It can take infinite time to give you a return.
  • Nearly the same mistake I repeat But unknowingly. This time, it was Delta Corp. After making a great 20%gain, I sold, only to see it going threefold from my buying price. Here reason was different. I was unaware of the strength and weaknesses of the Company. Lesson learned. Only invest in that Stock where you know the Company altogether.
  • This post is incomplete without mentioned about Suven Life, Pharma Research Company. I invested in the Company due to a tip from one of my colleagues. Most significant Blow to my portfolio ever. Once it was 33%. Then it increases to make my loss 20%. Lesson Learned: Ignore Tips. Concentrate on your study.
  • Once I entered into Perfect Stock at a perfect time, perfect Price. The store is Capital First. The story of why I bought it is interesting. I was buying another stock. And the Price I suppose to pay is not a round figure. All of a sudden, I saw This Stock. I told my broker to buy one single supply of it. Now it is a round figure. I don’t know why I ignored it. But the Stock proved to be the best performer. For some time, it was RUNNING LIKE MAD, only stopped due to Demonetization. While writing this, The Company expected to merge with IDFC Bank. My other mistake. Lesson Learned. If you don’t have to study pls, do it once you have bought the Stock.
  • IDFC. Parent of IDFC Bank. Hardly there is anything bad in parents. I have great assets. Holding mutual fund business, Hedge Fund, Infrastructure Finance Company and most important, NSE Stake though here it is not about the stock choice, but not other stocks. Like HDFC Bank. Lesson Learned. Sometimes if a market is not giving it thought, there is a reason for it.
  • This time I needed to Question mark myself reason is simple. I studied the model of Edelweiss but still forgot to increase my position. Effect? 176% return but hardly any significant change in portfolio value. As a student, I saw problems with NPA even from 2012. I was watching their advertisement for the insurance business. Aware of Expertise in mutual funds and the Best thing, Asset Reconstruction Company. There is excellent demand even still today. Saw a market reaction on some stock running only after listening that Edelweiss ARC took over their debt. But still, I ignored it. Here I Learned the Biggest Lesson: When you are sure about the growth story, Buy the stock Truck Full.